KOREA WHO

Yu Kyung-sun is chairman of Eugene Group.

After expanding Eugene Group’s business portfolio from its core ready-mixed concrete business into construction materials logistics and securities, he is focusing on transforming the group into an artificial intelligence (AI) company that combines manufacturing and services.

He was born on August 3, 1955, as the eldest of four sons of Yoo Jae-pil, the founder of Eugene Group.

He graduated from Joongdong High School in Seoul and Yonsei University with a degree in Chinese language and literature.

In 1985, he became president and CEO of Eugene General Development and entered the ready-mixed concrete business, leading the company to the top position in the industry.

After serving as chairman of Eugene Corporation, he succeeded his father, Eugene Group Honorary Chairman Yoo Jae-pil, as group chairman in 2004.

He achieved vertical integration in the concrete business by acquiring numerous companies, including Korea Cement, Logen Express, Hi-Mart and Tongyang, through mergers and acquisitions (M&A). He also diversified the group’s business portfolio into logistics, distribution and construction materials, elevating it into the ranks of Korea’s mid-sized business groups.

In 2023, he acquired YTN and resumed the group’s content business, which had been temporarily suspended.

Even after selling Eugene Savings Bank, he has continued to show interest in the financial industry by investing in Woori Financial Group.

He frequently refers to the "Four-Gold Management Theory."

#YuKyungsun #EugeneGroup #readyMixedConcrete #constructionMaterials #logistics #securities #artificialIntelligence #mergersAndAcquisitions #YTN #financialIndustry